Paying It Forward: What's Next in Digital Finance?

Asia’s shift to digital money has been swift: QR codes, super-apps, and online brokerages have fostered high levels of digital literacy and confidence among consumers. A new phase is now taking shape, as stablecoins reshape cross-border payments, central banks test digital currencies, and payment infrastructure adapts to an agentic future. The promise is faster, cheaper, and more inclusive finance—but it also raises difficult questions around security, fraud, and privacy. Two finance leaders chart the future of digital money, and its impact on consumers, institutions and global markets. Zhuoqun Bian, President, Ant Digital Technologies Benson Wong, Managing Director, Head of Digital, J.P. Morgan Private Bank Fang Wang, Executive Editor, Shanghai, Fortune China